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Sluggish demand drives down Asian MEG on Aug 24

25 Aug '15
1 min read

Sluggish demand, lower prices of other polyester feedstock and lower upstream product prices in the region drove down Asian MEG prices on Monday (Aug 24).

In India, prices were assessed at US$ 660/ton, lower by US$ 30/ton or 4.35 per cent as compared to prices at the end of the last week.

In China, prices were spotted at US$ 655/ton, down by US$ 30/ton or 4.38 per cent as against prices at the end of the prior week.

Fibre2Fashion News Desk – India

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